What is IPO Price Band and Cut-Off Price? A Simple Guide
IPO price band defines the range at which shares are offered. Cut-off price means you bid at whatever the company finally sets. Here's why it matters.
Live and latest GMP for every current Indian IPO. Track new Mainboard & SME listings with subscription status, price band and key dates — all in one place.
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Calculate your potential premium returns instantly. Select an active IPO and specify the number of lots you plan to apply for to see required investments and projected gains.
A step-by-step roadmap of how an IPO moves from bidding to exchange listing.
Bidders apply for shares through ASBA (UPI or Net Banking) during the 3-4 day open period.
Registrars review submissions and allot shares. Blocked funds are either debited or released.
Shares are credited directly to NSDL/CDSL demat accounts for allotted investors.
Trading commences on BSE & NSE. Listing gains are realized based on demand premium.
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IPO price band defines the range at which shares are offered. Cut-off price means you bid at whatever the company finally sets. Here's why it matters.
The age-old question: book listing gains immediately, or hold for long-term returns? A data-driven look at the IPO listing strategy.
Both ASBA and UPI are valid ways to apply for an IPO. Here's a side-by-side comparison to help you choose the right method.
Shellz India IPO listed on BSE SME at ₹179, a 0% move against the issue price. Listing gain, GMP vs actual, what allotted investors made and the subscription recap.
Bonfiglioli Transmissions IPO listed on BSE, NSE at ₹586, a 0% move against the issue price. Listing gain, GMP vs actual, what allotted investors made and the subscription recap.
Zetwerk IPO listed on BSE, NSE at ₹159, a +5.46% move against the issue price. Listing gain, GMP vs actual, what allotted investors made and the subscription recap.
The GMP is the price at which IPO shares trade in the unregulated, over-the-counter market before their official listing on the stock exchange. It indicates the expected premium or discount upon listing.
Listing gain is typically estimated as: (GMP + Upper Price Band) - Upper Price Band. This is then expressed as a percentage of the Upper Price Band. This is an estimate, not a guarantee.
You must check the official allotment status on the website of the Registrar to the IPO (e.g., KFin Technologies, Link Intime) or on the BSE/NSE websites. We provide direct links to these sites on the detail pages after the IPO closing date.
Kostak rate is the maximum amount an investor receives by selling their entire IPO application (not the shares) in the grey market before the allotment is finalized, regardless of whether they receive an allotment or not.
GMP data is indicative and based purely on unregulated market sentiment. It is NOT official and should be used only for informational purposes. Market conditions can change rapidly between the GMP update and the actual listing date.
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